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The construction group diversifies its strategy with a new division focused on digital infrastructure and energy, with an investment capacity of up to 1 billion euros annually until 2030.
The group ACS has announced the creation of ACS Digital & Energy, a new company that will centralize its commitment to two of the most strategically significant sectors with high growth potential: data centers and energy transition. The new entity has an estimated investment capacity of 6 billion euros until 2030, at a rate of 1 billion per year, although this figure could increase if additional financial leverage is incorporated.
This move positions ACS, traditionally linked to infrastructure and construction, in a key position within the digital and industrial ecosystem of the next decade, leveraging its financial muscle and global execution capacity.
A single strategic partner and shared ambition
According to the company, ACS Digital & Energy will have a single partner, who will enter with a 50% stake in the new company. The goal is to bring in complementary financial capacity to accelerate both ongoing projects and new developments that may arise in the coming years.
This approach allows for the attraction of specialized capital—such as infrastructure funds, private equity, or institutional investors—without losing strategic control of the new division. The formula is reminiscent of the co-investment model that other large firms have successfully employed to finance large-scale data centers or renewable resources.
Focus on data centers and energy: technological convergence
The investment plan of ACS includes data center projects, an industry that is booming in Spain, particularly in regions such as Madrid, Catalonia, the Basque Country, and the Valencia Community, which are already attracting investments from major players like Amazon Web Services, Equinix, Digital Realty, or Nabiax.
In addition to data centers, the new unit will also tackle initiatives in the realm of renewable energy and energy digitization, in line with European decarbonization and efficiency goals. This synergy between digital and energy infrastructure is key to ensuring stable electricity supply, redundancy, and sustainability in mission-critical facilities like data centers.
A favorable context for growth
Spain is establishing itself as a digital hub in southern Europe, both for its geographic location and its interconnection capacity and competitive costs. The data center sector has garnered over 5 billion euros in investment in the last three years, and it is estimated that this figure could double in the second half of the decade thanks to artificial intelligence, cloud computing, and edge computing.
ACS’s move aligns with this trend. The creation of ACS Digital & Energy reinforces the vision that digital infrastructure is the new critical infrastructure, and that large industrial groups must adapt to this transformation if they want to continue leading the market.
Conclusion
The launch of ACS Digital & Energy marks a turning point in the strategy of the group led by Florentino Pérez. It’s not just about diversification; it’s a strong commitment to build and operate the infrastructure that will support the digital economy of the future.
With an initial investment capacity of 6 billion—and the potential for much more—ACS is positioned to compete, attract talent, and drive strategic projects both in Spain and in other key markets.
Source: el Economista